Lafayette Parish, Louisiana property tax
The median homeowner in Lafayette Parish, Louisiana pays $1,329 a year in property tax on a home worth $234,200, an effective rate of 0.57%. The national effective rate is 0.98%.
What the rate means here
At 0.57%, Lafayette Parish taxes property more lightly than the national 0.98%. That puts the median bill at $1,329. Rates this low usually mean the state, rather than the county, carries more of the school funding.
It ranks #8 of 63 Louisiana counties by effective rate, against a statewide 0.55%, and #2,184 nationally. The state runs from 0.82% in Orleans Parish down to 0.15% in East Feliciana Parish.
The median home costs 3.46 times the median household income of $67,660, close to the national 3.86. Incomes run below the national median, and house prices run below it too, which is what keeps the ratio ordinary. The county has 245,075 residents, which is small enough that the medians describe a reasonably coherent market.
The rate is derived rather than quoted. How and why.
What that costs at different home values
Arithmetic at the county effective rate, before any exemption or assessment cap.
Housing and income
| Lafayette Parish | Louisiana | United States | |
|---|---|---|---|
| Effective property tax | 0.57% | 0.55% | 0.98% |
| Median tax bill | $1,329 | $1,146 | $2,969 |
| Median home value | $234,200 | $208,700 | $303,400 |
| Median gross rent | $1,022 | $1,038 | $1,348 |
| Median household income | $67,660 | $60,023 | $78,538 |
| Home price to income | 3.46× | 3.48× | 3.86× |
| Rent as share of income | 18.13% | 20.75% | 20.6% |
| Owner-occupied | 66.1% | 67.32% | 65.02% |
Source: U.S. Census Bureau, American Community Survey 2023 five-year estimates. Population 245,075.
Nearby counties of similar size
| County | Rate | Median bill | Home value |
|---|---|---|---|
| Caddo Parish | 0.61% | $1,081 | $175,900 |
| St. Tammany Parish | 0.74% | $2,005 | $272,200 |
| Calcasieu Parish | 0.44% | $926 | $208,500 |
| Ouachita Parish | 0.56% | $1,016 | $183,000 |
| Livingston Parish | 0.49% | $1,079 | $218,900 |
Lafayette Parish property tax: common questions
What is the property tax rate in Lafayette Parish, Louisiana?
The effective rate is 0.57% of home value, from a median tax bill of $1,329 against a median home value of $234,200. That is 0.41 points below the national 0.98%.
How much is property tax on a $400,000 home in Lafayette Parish?
Roughly $2,280 a year at the county effective rate of 0.57%.
Is Lafayette Parish expensive compared with the rest of Louisiana?
It ranks #8 of 63 Louisiana counties by effective property tax rate, and #2184 of 2,826 nationally. That is 0.02 points above the Louisiana average of 0.55%.
What does housing cost in Lafayette Parish?
The median home is worth $234,200 and median gross rent is $1,022 a month. Median household income is $67,660, which puts the home at 3.46 times annual income and rent at 18.13% of it.